Rest of Asia
Capital A said AirAsia Cambodia, a JV with Sivilai Asia, would launch in the second half of 2023.
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Diageo sells 65% stake in East African Breweries to Asahi for $2.3b
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Inside China's ‘Manhattan Project’ to master the tech to build AI chips
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CICC to buy two smaller rivals as Beijing strives for industry consolidation
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Sinar Mas explores minority stake sale in MyRepublic Indonesia
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Thailand
The airline has had acting CEOs since 2020.
Singapore
The bonds were part of a S$19b rescue package backed by Temasek.
Greater China
Tencent said ad sales slumped 18% in Q1 2022.
In April, sales of NEVs dropped 61% month-on-month.
Indonesia
Garuda is seeking to slash liabilities of $9.8b to $3.7b under the plan.
UFC is gearing up for its fifth event in SG, which is rival ONE Championship’s home turf.
India
The company is planning to expand to more locations in SE Asia.
The company will postpone deliveries of its EVs.
The airline reported a net profit of $62.9m for the quarter ended Dec. 31.
